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Chinese outdoor brand Pelliot files for Hong Kong IPO

Pelliot Outdoor Group filed its prospectus with the Hong Kong Stock Exchange today, seeking to list on the Main Board. China International Capital Corporation (CICC) and CITIC Securities are acting as joint sponsors. If successful, Pelliot could become the first publicly listed Chinese company positioned as a high-performance outdoor lifestyle brand. Founded in 2012, Pelliot operates four product lines targeting both professional users and urban consumers. From 2022 to 2024, its net sales grew from 351 million RMB ($49.1 million) to 1.73 billion RMB ($242.6 million), expanding at a compound annual growth rate of 122.2%.

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